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Mistral AI Raises $487M in Round Led by Andreessen Horowitz

December 5, 2023By rightstech0 Comments

French AI startup Mistral AI is set to raise about $487 million, led by Andreessen Horowitz and including investments from Nvidia and Salesforce. Mistral AI, founded by former scientists from Google’s DeepMind and Meta, has quickly gained prominence in the European artificial intelligence (AI) startup scene. The company specializes in open-source software for chatbots and generative AI tools, leveraging the experience of its founders in working on large language models similar to those developed by OpenAI.

Source: Mistral AI Raises $487M in Round Led by Andreessen Horowitz

Meta and IBM Launch AI Alliance

December 5, 2023By rightstech0 Comments

Meta Platforms and IBM launched a coalition of more than 50 AI companies and research institutions that are pushing a so-called open model of AI, hoping to gain traction in a fast-growing market. The AI Alliance, whose members include Intel, Oracle, Cornell University and the National Science Foundation, said it is pooling resources to stand behind “open innovation and open science” in AI.

Source: Meta and IBM Launch AI Alliance

AI and the English Major

December 5, 2023By rightstech0 Comments

On the surface, the situation for English majors might appear to be dire. If computers can write (and write well enough that few can tell the difference), what’s the point? But dig a little deeper, and the English major becomes more valuable, not less. “The more the boundaries between human and AI feel blurry, the more important it will be to have somebody who’s been educated with a kind of sophisticated sense of the full range of creative possibilities of the human mind,” said Colby College English Professor Aaron Hanlon.

Source: AI and the English Major

AI-Generated Jimmy Stewart Narrates Bedtime Story for Calm App

December 5, 2023By rightstech0 Comments

An AI-generated voice of Jimmy Stewart, the legendary Hollywood actor who died in 1997, reads a new bedtime story on the Calm sleep and meditation app. The voice of Stewart, who starred in films including “It’s a Wonderful Life,” “Vertigo” and “Rear Window,” was recreated for the Calm story using AI voice-cloning technology. The project has the consent of Stewart’s family and his estate (managed by CMG Worldwide).

Source: AI-Generated Jimmy Stewart Narrates Bedtime Story for Calm App (EXCLUSIVE)

Getty lawsuit against Stability AI to go to trial in the UK

December 5, 2023By rightstech0 Comments

The Business and Property Courts of England and Wales under the High Court of Justice ruled on Friday, determining Getty’s claim that the startup used its copyrighted library of images to train the Stable Diffusion model should be investigated further. Stability argued the case should not be heard in a UK court because it said no one involved in the training or development of Stable Diffusion was based in the UK.

Source: Getty lawsuit against Stability AI to go to trial in the UK

Music credits company Jaxsta rebrands as Vinyl Group

December 5, 2023By rightstech0 Comments

Australia’s sole ASX-listed music company, Jaxsta, has announced a significant transformation that includes changing its name to Vinyl Group, after the company expanded into online vinyl sales earlier this year. This rebranding effort is not merely cosmetic as the company’s constitution has been updated to reflect the new name. The ticker code on the ASX will also change from JXT to VNL.

Source: Music credits company Jaxsta rebrands as Vinyl Group

Can You Make Money From Live Streaming?

December 4, 2023By rightstech0 Comments

According to StreamYard, if you have an average of 5-10 daily viewers on Twitch for 30 days, you can make $50-200 a month. While if you have 10,000 average daily viewers, you can make $30,000 a month. This income is a combination of viewer tips, subscribers, and affiliate marketing. According to QQTube, the average per-view payout on YouTube Live is $0.018. So if you stream every day and you average 100 viewers a day for 30 days, you’d make $50. While if you have 1,000 viewers a day, you could make about $540 in a month.

Source: Can You Make Money From Live Streaming?

Spotify to axe over 1,500 jobs in latest round of layoffs

December 4, 2023By rightstech0 Comments

Spotify revealed on Monday (December 4) that it is slashing around 17% of the company’s global workforce in its latest round of jobs cuts. The company reported in an investor filing at the end of Q3 that its workforce consisted of 9,241 employees globally, which means that over 1,500 jobs will be affected by today’s news. Today’s news marks the streaming company’s third round of job cuts this year.

Source: Spotify to axe over 1,500 jobs in latest round of layoffs

Is Spotify Leaving Uruguay? Not if Lacalle Pou Can Help It

December 4, 2023By rightstech0 Comments

Uruguayan President Luis Lacalle Pou says he is in talks with Spotify to prevent the music streaming giant from leaving the country. Spotify announced it would cease service in Uruguay in February 2024 following the passage of a new music copyright bill requiring “fair and equitable remuneration” for authors, composers, performers, and artists in the country. “We are in talks. Let’s go ahead, I hope we are going to agree,” Lacalle Pou said in comments made to local press.

Source: Is Spotify Leaving Uruguay? Not if Lacalle Pou Can Help It

AI and the Transformation of Artistry

December 4, 2023By rightstech0 Comments

AI-generated art, at its core, is a testament to human ingenuity and the relentless pursuit of innovation. By simplifying the creative process, it has opened doors for individuals who, though lacking in formal artistic training, possess a deep appreciation for aesthetics and creativity. This democratization has led to a burgeoning of diverse, imaginative expressions, transcending traditional barriers to artistic creation.

Source: AI and the Transformation of Artistry